Voestalpine (OTCMKTS:VLPNY) Sets New 12-Month Low – What’s Next?

Voestalpine AG (OTCMKTS:VLPNY) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $3.37 and last traded at $3.46, with a volume of 9228 shares. The stock had previously closed at $3.62.

Analyst Upgrades and Downgrades

Separately, BNP Paribas downgraded Voestalpine from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 3rd.

Voestalpine Price Performance

The company has a current ratio of 1.39, a quick ratio of 0.52 and a debt-to-equity ratio of 0.19. The firm has a fifty day moving average price of $3.81 and a 200 day moving average price of $4.45.

About Voestalpine

Voestalpine AG processes, develops, manufactures, and sells steel products in Austria, European Union, and internationally. The company operates through five segments: Steel, High Performance Metals, Metal Engineering, Metal Forming, and Other. The Steel division produces hot and cold-rolled steel strips, as well as electrogalvanized, hot-dip galvanized, and organically coated steel strips; and heavy plates for the energy sector, as well as turbine casings for automotive, white goods/consumer goods, building/construction, energy, mechanical engineering, and others.